Phillies decline mutual option on Placido Polanco

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An expected move, Ryan Lawrence of the Philadelphia Daily News reports that the Phillies have declined their half of Placido Polanco’s $5.5 million mutual option for 2013.

Polanco will receive a $1 million buyout and will become a free agent. This was a pretty easy call for the Fightins, as the 37-year-old was limited to just 90 games this season due to back, knee and finger injuries and batted just .257/.302/.327 with two home runs, 19 RBI and a career-low .629 OPS in 328 plate appearances. After signing a three-year, $18 million deal during his last stint as a free agent, Polanco will almost certainly have to settle for a one-year deal with a modest base salary this time around. His days as a starting player are likely over.

As of now, the Phillies intend to keep Chase Utley at second base next season, so Kevin Frandsen and Freddy Galvis are the most likely in-house alternatives at third base. Neither option inspires much confidence, so Phillies general manager Ruben Amaro, Jr. figures to explore the free agent and trade markets.

Padres to place Franchy Cordero on DL, activate Hunter Renfroe

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Kevin Acee of the San Diego Union-Tribune reports that the Padres will place outfielder Franchy Cordero on the 10-day disabled list and activate outfielder Hunter Renfroe from the DL on Monday.

Cordero, 23, has been slumping, batting .140 with four extra-base hits in 47 plate appearances dating back to May 11. The Padres noticed that the forearm issue has been affecting his swing in recent games. Manager Andy Green said, “It was something where he could swing a certain way to manage it. But swinging that way was not him.”

Renfroe, 26, has been out since mid-April due to inflammation in his right elbow. He hit .200/.281/.440 in 57 PA prior to landing on the disabled list. Renfroe played in 10 rehab games with Triple-A El Paso.